Based on the last 12 Inflation Rate YoY events in Canada, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 20 Jan 13:30 if the released value is > 1%. A price movement of 52 pips is expected.

Historical events that allowed us to draw this conclusion

16 Dec 13:30

22 Jul 12:30

18 Mar 12:30

19 Feb 13:30